Pakistan Approaches China, Turkey and Saudi Arabia to Boycott G20 Summit in J&K
Pakistan reached out to its close allies in the group of twenty. China, Turkey and Saudi Arabia to boycott the G20 meeting in Jammu and Kashmir.
India will assume the G-20 presidency on 1 December 2022, and host the inaugural G20 Leaders' Summit in 2023. India's representation at G20 summits has been led by Prime Minister Narendra Modi since 2014.
Parl Dissolved, Israel Heads for Fifth Election in 4 Years
Israel's experiment with the most diverse political alliance ranging from the Left, Centre and Right to even an Islamist Arab party finally came to an end with the Knesset voting to disperse itself in an overwhelming 92-0 vote, clearing the way for fresh poll — the fifth in less than four years.
Jul 01, 2022
Justice Jackson Sworn In, Becomes 1st Black Woman on US Supreme Court
Ketanji Brown Jackson was sworn in to the Supreme Court, shattering a glass ceiling as the first Black woman on the nation's highest court.
Jackson is the court's 116th Justice and she took the place of the Justice she once worked for. Justice Stephen Breyer's retired the same day.
Jackson, a federal judge since 2013, joined three other women, Justices Sonia Sotomayor, Elena Kagan and Amy Coney Barrett — the first time four women will serve together on the nine-member court.
Jun 30, 2022
NATO Member Turkey Agrees to Support Sweden and Finland's Membership of the Alliance
NATO member Turkey agreed to support Sweden and Finland's membership of the alliance. It had initially opposed the Nordic countries' bids to join. NATO said that a trilateral deal was reached at a meeting between Turkey's President, Recep Tayyip Erdoğan, Finland's President Sauli Niinistö and the Swedish Prime Minister Magdalena Andersson, in the Spanish capital, Madrid. Foreign Ministers from the three countries signed a joint security pact that addressed Turkey's concerns.
NATO Chief Jens Stoltenberg saidthat Sweden agreed to step up its work on Turkish extradition requests of suspected militants. The two Nordic nations will also lift their restrictions on selling weapons to Turkey.
Sweden and Finland had historically declined to seek NATO membership, partly because of mixed public opinion and caution around their security relationship with Russia. However, that dramatically changed after Russia launched a military operation on Ukraine in February.
Jun 29, 2022
US and Allies Launch Partners in the Blue Pacific Initiative
To reinforce its Indo-Pacific strategy, and in what is being seen as a response to China's aggressive outreach to Pacific Island states, the United States (US) - along with Australia, New Zealand, United Kingdom and Japan - announced a new Partners in Blue Pacific (PBP) initiative.
According to the five countries, PBP was an "inclusive, informal mechanism" to support Pacific priorities, in line with the principles of "Pacific regionalism, sovereignty, transparency, accountability, and most of all, led and guided by the Pacific Islands".
The US and its allies would together, as well as individually, focus on three priority areas.
The first is delivering results for the Pacific more effectively and efficiently. The second area of focus is bolstering "Pacific regionalism". The final area of focus is expanding cooperation between the Pacific and the rest of the world.
Togo and Gabon Become Commonwealth Association Members
The Commonwealth of Nations now has 56 member nations after the admission of Togo and Gabon. The two historically French-speaking nations were formally admitted to the union at the Commonwealth Heads of Government Meeting, which was presided over by Rwandan President Paul Kagame in Kigali, the country's capital. According to Patricia Scotland, the organization's secretary-general, admission is determined by evaluations of a number of standards, including the democratic process, effective leadership, and rule of law.
Two New Countries Apply to Join BRICS
Iran and Argentina applied to join the BRICS mechanism, days after a summit of the five-nation bloc during which the leaders agreed to continue to discuss the possibility of admitting new countries to the grouping on the basis of full consultation and consensus.
The issue of expansion of the BRICS bloc was figured in the virtual summit hosted by China, which is this year's (2022) chair.
Jun 28, 2022
Russia Defaults on Foreign-currency Sovereign Debt for 1st Time since 1918
Russia is believed to have defaulted on its debt for the first time since 1998 after missing a key deadline.
Russia has the money to make a $100m payment, which was due June 26, but sanctions made it impossible to get the sum to international creditors.
The country was determined to avoid the default, which is a major blow to the nation's prestige.
Kremlin spokesperson Dmitry Peskov, said that the statements of a default were absolutely unjustified.
He added that an intermediary bank had withheld the money and that the reserves were blocked "unlawfully".
Buhari Appoints Replacement Chief Justice
Nigeria's President Muhammadu Buhari sworn in the most senior judge at the country's Supreme Court – Justice Olukayode Ariwoola – as the acting Chief Justice of Nigeria.
This followed the resignation of Chief Justice Ibrahim Tanko Muhammad due to ill health, and amid allegations from fellow judges of corruption, nepotism and neglect of welfare.
He is expected to hold the post until the President appoints a permanent Chief Justice which needs the approval of the Nigerian senate.
The Chief Justice is the head of the Supreme Court and the highest judicial officer in Nigeria.
G7 Leaders Unveil $600-bn Plan to Rival China's BRI in Developing Nations
US President Joe Biden and other G7 leaders unveiled ambitious plans to mobilise USD 600 billion in funding by 2027 to deliver transparent and game-changing infrastructure projects in developing countries like India, in a move seen as a counter to China's Belt and Road Initiative.
The Partnership for Global Infrastructure and Investment (PGII) unveiled during the G7 Summit relaunches a scheme unveiled at the G7 talks in England in 2021.